32
32
tv
eye 32
favorite 0
quote 0
they have a wealth tax and not just the u.k. i'm a lot of wealth tax but you wouldn't do it you wouldn't prevent the creation of a billion dollar fortunes all you do is raise some revenue. i'm really at a loss to know exactly how to deal with the situation that we've gotten ourselves into it is a tough one i'm curious what your thoughts are eric holder suggesting national voters standards are going to shift the topic here and the problem. i'm guessing you saw earlier the clip of paul always saying you know our leverage in the elections goes up as the voting populace goes down this should basically be the republican party's plan. publicans hate democracy when the comes right down to it. they spend they they really don't think poor people and it's very common to hear republicans say that people on welfare should not be allowed to vote now that wouldn't i think there's an awful lot of people who are on welfare mainly the the elderly who receive all their income from the so scary medicare who nevertheless vote republican and don't r
they have a wealth tax and not just the u.k. i'm a lot of wealth tax but you wouldn't do it you wouldn't prevent the creation of a billion dollar fortunes all you do is raise some revenue. i'm really at a loss to know exactly how to deal with the situation that we've gotten ourselves into it is a tough one i'm curious what your thoughts are eric holder suggesting national voters standards are going to shift the topic here and the problem. i'm guessing you saw earlier the clip of paul always...
57
57
Dec 25, 2012
12/12
by
FBC
tv
eye 57
favorite 0
quote 0
basically i pay taxes. you pay taxes. melissa: on pays taxes? >> exxon does not pay their fair share. they get tax breaks that are written into the law by their very highly-paid lobbies and supported by the many congresspeople who they give millions of dollars to every year in election campaigns. melissa: but still you said tax breaks. that is tax breaks that is their money hanging on to. it is not money they're getting back from congress. it is their money. >> it is money that everyone else has to pay. you know they get a special tax break for, for instance, if they want to make a project internationally they have a special government-backed loan program at u.s. export import bank. last year that program alone provided $10.4 billion fossil fuel subsidies. melissa: can i ask you better for my children and went out like the navy and spent $26 a gallon on biofuels or the air force which is spending $59 a gallon would that be better for my children we were all doing it. i don't like the air force and navy doing that. that is bad for my children's f
basically i pay taxes. you pay taxes. melissa: on pays taxes? >> exxon does not pay their fair share. they get tax breaks that are written into the law by their very highly-paid lobbies and supported by the many congresspeople who they give millions of dollars to every year in election campaigns. melissa: but still you said tax breaks. that is tax breaks that is their money hanging on to. it is not money they're getting back from congress. it is their money. >> it is money that...
28
28
tv
eye 28
favorite 0
quote 0
cuts becoming the tax cut santa clause but not shooting. the social security santa clause as it were and the extension of judes theory was at least as it seems to have been carried out by republicans over the years since then was forced the democrats to shoot their own santa clause by running up huge debts when republicans are in power and it seems like that's how it's played out what are your thoughts on well i think there was an unstated assumption that maybe jude didn't even realize that was a powerful part of his argument which was that there was a limit to the deficit so the theory was if you cut spend taxes and create a bigger deficit then to the extent that people are concerned about deficits and want to reduce deficits that will get channeled into cutting spending and that became something that is more popular known as starve the beast and it's the underlying principle underneath the tax pledge but it turned out that there wasn't that much of a limit to the deficit and so you ended up simply with lower taxes and higher spending and
cuts becoming the tax cut santa clause but not shooting. the social security santa clause as it were and the extension of judes theory was at least as it seems to have been carried out by republicans over the years since then was forced the democrats to shoot their own santa clause by running up huge debts when republicans are in power and it seems like that's how it's played out what are your thoughts on well i think there was an unstated assumption that maybe jude didn't even realize that was...
56
56
Dec 25, 2012
12/12
by
FBC
tv
eye 56
favorite 0
quote 0
taxes. and, on top of health care, that's why we have not gotten really any better off in unemployment than when the president took office. i just think it's time for us to stop talking about making it harder to create jobs and instead, say we champion small business and we want you to grow and expand and give us a great economy by hiring people. gerri: senator, i like what you said about stability and predictability. i think that's what a lot of people are looking for out there. thanks for coming on the show. great to have you here. i hope you come back soon. >> thanks, gerri. i love being on. thank you. gerri: thank you. a federal tax credit for wind power producers expires in 2013. the obama administration is pushing for new taxpayer support for wind projects. with our budget deficit soaring an intense debate is heating up over whether the government should be throwing your tax dollars at industry the first place. i asked robert bryce, senior fellow at the manhattan institute about this i
taxes. and, on top of health care, that's why we have not gotten really any better off in unemployment than when the president took office. i just think it's time for us to stop talking about making it harder to create jobs and instead, say we champion small business and we want you to grow and expand and give us a great economy by hiring people. gerri: senator, i like what you said about stability and predictability. i think that's what a lot of people are looking for out there. thanks for...
155
155
Dec 25, 2012
12/12
by
KQED
tv
eye 155
favorite 0
quote 0
they've traditionally been tax- exempt. if that changes, they could become less attractive as an investment vehicle, and end up raising borrowing costs for states and municipalities. >> it would effectively increase the cost of issuing debt to state and local governments, and it's a real consideration at a time when states and local governments are still in repair mode. >> reporter: while some states have built up rainy day funds, credit rating analysts at s&p say for the first time since the start of the financial crisis, the health of the overall u.s. economy has become the biggest concern for state economies. with state budgets already constrained, deeper cuts from the federal government could leave them in a pickle. after all, unlike the federal government, states are required to balance their budgets every year. ruben ramirez, nbr, washington. >> susie: still ahead, there's more to holiday spending than electronics and apparel. we'll look at one holiday decorating business. >> susie: 'tis the season for procrastinators
they've traditionally been tax- exempt. if that changes, they could become less attractive as an investment vehicle, and end up raising borrowing costs for states and municipalities. >> it would effectively increase the cost of issuing debt to state and local governments, and it's a real consideration at a time when states and local governments are still in repair mode. >> reporter: while some states have built up rainy day funds, credit rating analysts at s&p say for the first...
SFGTV: San Francisco Government Television
90
90
Dec 25, 2012
12/12
by
SFGTV
tv
eye 90
favorite 0
quote 0
this year we are reformed from payroll tax and i heard that previous payroll tax hurt job growth and i agreed and propyl vision e was passed this last november and because of proposition e san francisco standards to ads more new private sector jobs and that is a huge success. i want to say supervisor that yes, the technology industry has been growing in san francisco and now includes over one thousand sen hundred companies that employed or 39,000 employees and this is something of which i am proud and i'm also proud that tech s f are training and connecting san francisco residents with diverse backgrounds to get those tech sector jobs, we will train and place over 2,000 san francisco residental in tech jobs over the next five years with our first tech s f graduating class this may. but that is not the whole story. recently economic studies have shown supervisor for every technology job created issue over four additional jobs outside of the tech field are sustained. and a full three quarters of the city's job growth has happened outside of the technology industry. the tourism industry
this year we are reformed from payroll tax and i heard that previous payroll tax hurt job growth and i agreed and propyl vision e was passed this last november and because of proposition e san francisco standards to ads more new private sector jobs and that is a huge success. i want to say supervisor that yes, the technology industry has been growing in san francisco and now includes over one thousand sen hundred companies that employed or 39,000 employees and this is something of which i am...
SFGTV2: San Francisco Government Television
83
83
Dec 25, 2012
12/12
by
SFGTV2
tv
eye 83
favorite 0
quote 0
we will actually looked beyond tax occurrence. that is one of the things we can do as a non-regulated lenders. we are able to look at cash- based businesses in some ways that would be difficult for a larger financial institutions. in terms of lending based on projections, we typically do not lie on -- rely on projections, but unless is a contract that has been awarded. we're really looking at what actually you already have in the household. in terms of credit, we want to see that your credit is currently in good standing, but a mix credit history is ok. that is another way we might differ from a more traditional lender. we want to see that currently, you have no unpaid tax liens, child support, or judgments. we have no automatic credits for cut off. we are more interested in the substance of a client and where they are today. if you have no credit within credit, we can work with that. a portly, and you will hear this from all small business leaders, and it is something to get in your head now, all of our loans are personally guara
we will actually looked beyond tax occurrence. that is one of the things we can do as a non-regulated lenders. we are able to look at cash- based businesses in some ways that would be difficult for a larger financial institutions. in terms of lending based on projections, we typically do not lie on -- rely on projections, but unless is a contract that has been awarded. we're really looking at what actually you already have in the household. in terms of credit, we want to see that your credit is...
SFGTV2: San Francisco Government Television
93
93
Dec 25, 2012
12/12
by
SFGTV2
tv
eye 93
favorite 0
quote 0
we do allow tax returns, projections. credit unions do not charge an additional loan or processing fee. processing time, on a small loan, -- consumer loans probably a few days. because we require a business plan, sometimes it takes longer. business plans take a while. especially bank statements. we need to see consistent income coming in. so far, a credit union delinquent rate is quite low because we are working with a client. we want to keep that low and as part of our mission. there is no application fee. if you are interested in an application or information, i have brochures, or you can give us a call. >> thank you. next is marked with wells fargo. >> hello, i work for wells fargo bank. i cover the northern california region. i usually focus on about $350 -- $350,000 of sbe loans. last year, for 2010, i did 43 loans. so we are lending. i usually focus on six different types of loans. start-ups, business acquisitions, real estate purchases with ti's, working capital, a partner buyouts, business expansion. when i am loo
we do allow tax returns, projections. credit unions do not charge an additional loan or processing fee. processing time, on a small loan, -- consumer loans probably a few days. because we require a business plan, sometimes it takes longer. business plans take a while. especially bank statements. we need to see consistent income coming in. so far, a credit union delinquent rate is quite low because we are working with a client. we want to keep that low and as part of our mission. there is no...
SFGTV2: San Francisco Government Television
58
58
Dec 25, 2012
12/12
by
SFGTV2
tv
eye 58
favorite 0
quote 0
you will get a tax credit. if you need to make changes in the structure of your premises, there are also tax credits for that. most of these cases start with a letter. a demand letter. that is usually signed not by a lawyer, but by it up plaintive. the plaintiff may not be a professional plaintiff. that does not make any difference. the defense has been tried in court. is a civil rights statute. -- it is a civil rights statute. they can be a perfectly legitimate plaintiffs to bring a lawsuit, and there are a number of people who belong to disability organizations that actually, that is what their livelihood is, bringing these lawsuits. the gentleman over here, who was also a lawyer knows of at least one case involving two lawsuits. they started all neighborhoods. the target places like san francisco because this is an old city with old buildings, virtually none of which comply. we only have new construction that would be billed to 1988 compliance standards, usually. whatever kind of business you have, the build
you will get a tax credit. if you need to make changes in the structure of your premises, there are also tax credits for that. most of these cases start with a letter. a demand letter. that is usually signed not by a lawyer, but by it up plaintive. the plaintiff may not be a professional plaintiff. that does not make any difference. the defense has been tried in court. is a civil rights statute. -- it is a civil rights statute. they can be a perfectly legitimate plaintiffs to bring a lawsuit,...
105
105
Dec 25, 2012
12/12
by
FBC
tv
eye 105
favorite 0
quote 0
they don't like the tax penalty for it. would you give them a tax holiday? you have to put it to use and do something? >> they tried that in 2004 and they brought back hundreds of villains. they put the murders and bonuses and what we have to do is recognize the president obama is not an economic dictator. the federal reserve can bring interest industry rates much lower. so we have to go to these two other areas are overwhelming support of inflation adjusted minimum wage. >> i'm not alone in an environment like this, how are you going to compel businesses, fast food joints and the rest, but it's in there interest to raise the rates when they e barely getting by as it is just as henry ford did back before world war i to $5. he said he wanted people to buy the cards. that's what you got to do. neil: so what about substance of the country where they have jobs with $10 an hour. were people really aren't jumping on these jobs. where we have a country where help wanted advertising is at an all-time high. a lot of people, for whatever reason, it are having trouble
they don't like the tax penalty for it. would you give them a tax holiday? you have to put it to use and do something? >> they tried that in 2004 and they brought back hundreds of villains. they put the murders and bonuses and what we have to do is recognize the president obama is not an economic dictator. the federal reserve can bring interest industry rates much lower. so we have to go to these two other areas are overwhelming support of inflation adjusted minimum wage. >> i'm not...
120
120
Dec 25, 2012
12/12
by
FBC
tv
eye 120
favorite 0
quote 0
way $1.64 trillion in taxes. $82 billion per year from the top 2%. senates the n same amount of net tax hikes in the president's 2013 budget that the senate rejected unanimously. byl the tax hikes that he is requesting, the national debt by it'll instead of 25.8%, that's where you get cut down. it will amount toll $25.4 trillion.that's we will call at obama wins. a r the national media waiting forii that one. that is what will be. it will be a really dramaticis s scene. i want to show you exactly how changes. speaker boehner wants, oh, yeah? he is going to kick some tail. we are going to get to point you leally in dollars and the spending of this country.that'l let me rephrase that. total a $2.2 trillion reduction in thf total plan spending. we are looking at the republican plan. we will show you just how tough it is. the only difference is how we get there. mr. obama wants one thing and mr. boehner once another.see and we will see a knockdown drag out fight any big dramatic of negotiation. what you and i and all americans are looking at is the prosp
way $1.64 trillion in taxes. $82 billion per year from the top 2%. senates the n same amount of net tax hikes in the president's 2013 budget that the senate rejected unanimously. byl the tax hikes that he is requesting, the national debt by it'll instead of 25.8%, that's where you get cut down. it will amount toll $25.4 trillion.that's we will call at obama wins. a r the national media waiting forii that one. that is what will be. it will be a really dramaticis s scene. i want to show you...
297
297
Dec 25, 2012
12/12
by
MSNBCW
tv
eye 297
favorite 0
quote 1
i don't think we ought to increase taxes on anyone. however, we're now at a point where we're not going to get what we think is right for our economy and our country. >> with congress coming back, the president will also reportedly cut short his holiday vacation in hawaii. democrats hope mr. obama will continue to fight for a complete agreement, not just a temporary patch. >> i definitely hope that he can and will continue to push for as big a deal as possible, but you've got to remember now, we're just a few days away. >> if no deal is reached over 2 million americans will lose their jobless benefits and workers will see a 2% cut in take home pay as social security payroll taxes go up january 1st. jennifer johnson, nbc news, washington. >> well, around this time of year, there is a big surprise that happens on the rockefeller center ice skating rink outside our news world headquarters. it happens about half a dozen times a day every day. erica hill has the story. >> right outside our doors at rockefeller center, home to the christmas
i don't think we ought to increase taxes on anyone. however, we're now at a point where we're not going to get what we think is right for our economy and our country. >> with congress coming back, the president will also reportedly cut short his holiday vacation in hawaii. democrats hope mr. obama will continue to fight for a complete agreement, not just a temporary patch. >> i definitely hope that he can and will continue to push for as big a deal as possible, but you've got to...
229
229
Dec 25, 2012
12/12
by
CSPAN2
tv
eye 229
favorite 0
quote 1
with now, there are circumstances where you raise taxes. ronald reagan, you have in your are kentucky -- are give the great video. my feet are in concrete he said and being reagan, he could get away with going to the press conference one morning and saying, the sound you're hearing, is concrete breaking. because as governor, he concluded in order meet the state's requirement he no choice. but it never cost much. he was totally unfront and honest. he went to the people of california and said look here is where we are. it's a bigger mess than we thought. i can't fix it any other way. ic we have to do this. he did that after create agency -- nobody thought ronald reagan was raising taxes to create a bigger government. they thought if he needed it, it must be serious. what we have today is no innovation. no reform, no new thinking, no creativity, no hearings on waste. no hearings of better ways of doings things. you live until the age of the ipad and the iphone, and of google and a facebook and twitter, and you're faced with a federal governmen
with now, there are circumstances where you raise taxes. ronald reagan, you have in your are kentucky -- are give the great video. my feet are in concrete he said and being reagan, he could get away with going to the press conference one morning and saying, the sound you're hearing, is concrete breaking. because as governor, he concluded in order meet the state's requirement he no choice. but it never cost much. he was totally unfront and honest. he went to the people of california and said...
270
270
Dec 25, 2012
12/12
by
CNNW
tv
eye 270
favorite 0
quote 0
tax cuts as opposed to before january 1st, they'll have to take a vote on tax increases? >> well, i think the president is keenly aware of the fact that going over the cliff, the so-called cliff without a congressional solution is not good for average americans. so i think he'll do everything to avoid it. he's coming back early from that short trip to hawaii. but i think that that clip you played from mr. norqist is really an important observation that we can see from that clip. he's talking about a long struggle about taxes and entitlements but right now, what it comes down to is -- will the republicans support legislation right now in these next seven days which are going to protect -- which would protect average americans from the real hardships that might be imposed upon them if we do nothing? or if they're not -- if republicans won't support this immediate legislation, will they, you know, will they make everyone be held hostage to their tax pledge to grooefr norqist? this is one man who is set on no new taxes on millionaires or on anybody and if the republicans hold
tax cuts as opposed to before january 1st, they'll have to take a vote on tax increases? >> well, i think the president is keenly aware of the fact that going over the cliff, the so-called cliff without a congressional solution is not good for average americans. so i think he'll do everything to avoid it. he's coming back early from that short trip to hawaii. but i think that that clip you played from mr. norqist is really an important observation that we can see from that clip. he's...
18
18
tv
eye 18
favorite 0
quote 0
they're the ones or create jobs when in reality when their taxes are higher under bill clinton three times as many jobs are created the propensity to add softer terms to the english lexicon has surged over the decades particularly when it comes to military related language there's a condition in combat most people know about it it's when a fighting force is nervous system has been stressed to its absolute peak and maximum can't take anymore and put the nervous system has either snapped or is about to snap. in the first world war that condition was called show shock today the same condition is known as an eight syllable hyphenated furries void of any emotion post-traumatic stress disorder the aftermath of war includes post-traumatic stress disorder those of you suffering from p.t.s.d. when it comes to a war where you have the most damaging euphemisms like when and so saying innocent civilians were killed in a drone strike you say there was collateral damage collateral that. which is to me the worst expression no it's innocent men women and children were killed in the collateral damage
they're the ones or create jobs when in reality when their taxes are higher under bill clinton three times as many jobs are created the propensity to add softer terms to the english lexicon has surged over the decades particularly when it comes to military related language there's a condition in combat most people know about it it's when a fighting force is nervous system has been stressed to its absolute peak and maximum can't take anymore and put the nervous system has either snapped or is...
193
193
Dec 25, 2012
12/12
by
MSNBCW
tv
eye 193
favorite 0
quote 0
. >> what's the minimum tax again? >> the minimum tax, i would guess, would be 30% on income above a million, 35% above $10 million. and all kinds of people who are making that money, by labor, they're already paying those rates. >> would that also include people -- >> it would hit me. >> it would hit you. >> it would hit me. >> so you would not be paying 13, 14, 15% because of capital gains? >> no. >> i don't understand this, i'm making pretty good, but not warren buffett money. and of course, i'm paying my full 35%. he said, you have to figure out to convert this to capital gains, because if you do that, you only have to pay 15%. i said, what? i don't have the accountants to figure that out. >> governor romney paid 14%, i paid 15, 16, we would be paying 35%. >> you refer to, even as a youth, investing as a game. >> it is a game. >> great game. well, they're playing a dangerous game with investing in washington, in the congress. so my question to you is, if the united states congress, specifically the house of represe
. >> what's the minimum tax again? >> the minimum tax, i would guess, would be 30% on income above a million, 35% above $10 million. and all kinds of people who are making that money, by labor, they're already paying those rates. >> would that also include people -- >> it would hit me. >> it would hit you. >> it would hit me. >> so you would not be paying 13, 14, 15% because of capital gains? >> no. >> i don't understand this, i'm making...
SFGTV2: San Francisco Government Television
136
136
Dec 25, 2012
12/12
by
SFGTV2
tv
eye 136
favorite 0
quote 1
[applause] >> let's hear it for the tax team. [applause] >> parking is a universal quality of life issue. it touches on so many different parts of the transportation system. we were looking for ways to make parking easier and more convenient. >> in the beginning, we looked at parking throw san francisco, and her desire to price parking based on demand is how it started. >> for 70 years, we've used flat meter rates and short time limits. that did not always work so well. it did not make it easier to find a parking space. sf park has two main components. the whole point is to get them off the road quickly. and to create more of an spaces. we're doing the man-responsive pricing. we're obligated to find the lowest rate possible. generally, most of the time, there is one space available on every block. >> anything that allows muni to move more smoothly throughout the city is a great thing. if you manage parking effectively, then you've got fewer people circling around. it not only benefits folks that are parking, but it benefits folks
[applause] >> let's hear it for the tax team. [applause] >> parking is a universal quality of life issue. it touches on so many different parts of the transportation system. we were looking for ways to make parking easier and more convenient. >> in the beginning, we looked at parking throw san francisco, and her desire to price parking based on demand is how it started. >> for 70 years, we've used flat meter rates and short time limits. that did not always work so well....
242
242
Dec 25, 2012
12/12
by
FOXNEWSW
tv
eye 242
favorite 0
quote 0
they just want something that will extend middle class tax cuts. they want to see two million people get unemployment benefits extended. those are running out at end of the year by the way the president, you remember, came out on friday after speaker boehner talked about the failure of the vote thursday night and president basically said everyone should calm down, cool off over the holidays. take a listen. >> everybody can cool off. everybody can drink some eggnog, have some christmas cookies, sing some christmas carols, enjoy the company of loved ones and then i would ask every member of congress while they're back home to think about that. think about the obligations we have to the people who sent us here. >> reporter: so, sing some carols today. probably will be some eggnog. here in hawaii, maybe back in ohio where john boehner is likely celebrating the holidays as well but they have got to seriously get back to work over the next couple days and top white house officials say we can expect the president by the end of this week, it is very, very
they just want something that will extend middle class tax cuts. they want to see two million people get unemployment benefits extended. those are running out at end of the year by the way the president, you remember, came out on friday after speaker boehner talked about the failure of the vote thursday night and president basically said everyone should calm down, cool off over the holidays. take a listen. >> everybody can cool off. everybody can drink some eggnog, have some christmas...
181
181
Dec 25, 2012
12/12
by
KTVU
tv
eye 181
favorite 0
quote 0
they will raise taxes on the wealthiest americans. >> we will go over the cliff because it is what the president wants. >> we will present a tax hike on middle-class americans... >> without a deal spending cuts will take affect in the new year and economists warn it could lead to a recession and big jump in unemployment. >>> and before the end of the year, right now homeowners do not have to pay tax on a portion of the mortgage short sale or principal reduction, in authority sale, they could soon own income tax on part of what they had to pay. >>> officers are looking for and they say he killed his brother-in-law. he left in an orange truck and he is considered to be armed and dangerous. >>> they are banning together to find an answer to problems putting escalators out of service. there are many things that can put escalators out of service, dropped keys and change, during the first week of june, a record 28 escalators were out of service. >>> firefighters in contra costa are getting a new tool to help save lives. we have more on how it detects local hospitals. >>> they are unwrapping
they will raise taxes on the wealthiest americans. >> we will go over the cliff because it is what the president wants. >> we will present a tax hike on middle-class americans... >> without a deal spending cuts will take affect in the new year and economists warn it could lead to a recession and big jump in unemployment. >>> and before the end of the year, right now homeowners do not have to pay tax on a portion of the mortgage short sale or principal reduction, in...
266
266
Dec 25, 2012
12/12
by
FOXNEWSW
tv
eye 266
favorite 0
quote 0
ran on that platform 250 no taxes below but taxes above. he won 60% of the voters said they were for it in the exit polls including some republicans. >> independent senator joe lieberman says he believes for the first time in the entire debate that we may be going off the fiscal cliff. he and others have said all along that there would be this fighting but right up to the deadline. they have finally come up with some sort of a deal. lieberman and others on the hill saying they think we may in fact go off the cliff. rattle the markets as you suggested, jamie. lieberman also believes the senate will be in session on new year's eve. going right up against the end of the year deadline to try to work this out, jamie. >> jamie: if any news breaks i know you will bring it to us. live from honolulu. washington is not the only one thinking about the fiscal cliff. it turns out that the concerns about it or affecting how much people are spending this holiday season. analysts saying overall sales are down from last year. it's not just the economy thoug
ran on that platform 250 no taxes below but taxes above. he won 60% of the voters said they were for it in the exit polls including some republicans. >> independent senator joe lieberman says he believes for the first time in the entire debate that we may be going off the fiscal cliff. he and others have said all along that there would be this fighting but right up to the deadline. they have finally come up with some sort of a deal. lieberman and others on the hill saying they think we...
617
617
Dec 25, 2012
12/12
by
KPIX
tv
eye 617
favorite 0
quote 0
end of the year. >> come january we're going to hit economic hangover when taxes are going to go up and everyone and ebe miserable. >> reporter: analysts say sales ana been strong this holiday season partly because many retailers started cutting prices ngrly. that meant bargains for christmas shoppers but, jeff, may mean lower profits for the jefes. >> glor: john blackstone, thank rou. john mentioned the fiscal cliff. tinight we've learned democrats emocraw moving ahead on their hei plan to avoid it now that talks have broken down with john boehner. white house and congressional leaders have until january 1 to lork out a budget deal. resident obama is in hawaii on udget dn. nancy cordes is there as well. nancy, good evening. nancy, goor: jeff, this would : sentially be a last-ditch effort to avert the fiscal ially be sources tell us that aides to the president have been in talks preliminary talks, with aides to senate majority leader harry elf who himself was here in hawaii this weekend for the funeral of senator daniel inouye. eid is now working, we're told, on a smaller package th
end of the year. >> come january we're going to hit economic hangover when taxes are going to go up and everyone and ebe miserable. >> reporter: analysts say sales ana been strong this holiday season partly because many retailers started cutting prices ngrly. that meant bargains for christmas shoppers but, jeff, may mean lower profits for the jefes. >> glor: john blackstone, thank rou. john mentioned the fiscal cliff. tinight we've learned democrats emocraw moving ahead on...
250
250
Dec 25, 2012
12/12
by
KPIX
tv
eye 250
favorite 0
quote 0
more in taxes. >>> the excon who lured firefighters to their deaths left a note saying he wanted to burn down the neighborhood and do what i like doing best, killing people. >> we are being shot at. multiple fireman down, i'm shot. >> that was a call that a wounded firefighter made, william spangler burned his home yesterday and waited for first responders. he was armed a gun, a shot gun and a rifle. he opened fire when crews arrived. arrived. two firefighters were killed. >> just always there for you. you just take them for granted. you don't -- >> two more wounded are still in the hospital on this christmas day. spangler took his own life. his rifle is the same make and caliber weapon used by the newtown shooter. >>> families in connecticut are trying to find solace on this christmas day. the town is still reeling from the shooting that killed 26 people at the sandy hook elementary more than a week ago. residents say it's important to still celebrate christmas. >> fortunately we have many, many kids that are still here. it's all about them and being with family. we take one hour a
more in taxes. >>> the excon who lured firefighters to their deaths left a note saying he wanted to burn down the neighborhood and do what i like doing best, killing people. >> we are being shot at. multiple fireman down, i'm shot. >> that was a call that a wounded firefighter made, william spangler burned his home yesterday and waited for first responders. he was armed a gun, a shot gun and a rifle. he opened fire when crews arrived. arrived. two firefighters were killed....
215
215
Dec 25, 2012
12/12
by
FOXNEWSW
tv
eye 215
favorite 0
quote 0
block will lead to taxes on red ink and says the president plan "c" unveiled friday increases tax rates on some and punting reform of the entitlement program on medicare to some point next year. >> the best way to address the crippling debt is make significant spending cuts to fix the tax code to pave way for long-term growth and opportunity. >> likely that president obama will rush back on wednesday to come back to washington in hopes of debt deal by the end of the year. >> we'll see. >> doug: thank you very much. till ahead, bret baier brings in his family for special holiday greeting. but first, if you think there is consensus on where jesus was born, think again! [ mother ] you can't leave the table till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. >> dou
block will lead to taxes on red ink and says the president plan "c" unveiled friday increases tax rates on some and punting reform of the entitlement program on medicare to some point next year. >> the best way to address the crippling debt is make significant spending cuts to fix the tax code to pave way for long-term growth and opportunity. >> likely that president obama will rush back on wednesday to come back to washington in hopes of debt deal by the end of the year....
286
286
Dec 25, 2012
12/12
by
KQED
tv
eye 286
favorite 0
quote 0
wealth yearl people will see an additional tax-- an additional medicare tax. their payroll tax will if up by .9%, and there label tax for the first time on non-wage income in medicare for people who earn over $200,000 for an individual, $250,000 for a couple. there will be a tax on investment income for the first time. there will also be a limit on what you can put aside in the so-called flexible spendings account. these are places you can put pretax money. basically it hundreds you pay for things that your insurance doesn't cover, things like orthodontia, perhaps, or eye glass or your deductibles and co-pays on your insurance plans. usually there could be no limit or a large limit of $5,000, $6, 000, and that's being cut to $4500. those are a couple of things people will experience next year. >> suarez: which means you'll have plenty of work to do in 2013. >> i will have plenty of work to do in 2013. >> suarez: npr's julie rovner, thanks a lot. it >> ifill: next, protecting civilians in a conflict zone with eyes and a notepad. the island of mindanao in the ph
wealth yearl people will see an additional tax-- an additional medicare tax. their payroll tax will if up by .9%, and there label tax for the first time on non-wage income in medicare for people who earn over $200,000 for an individual, $250,000 for a couple. there will be a tax on investment income for the first time. there will also be a limit on what you can put aside in the so-called flexible spendings account. these are places you can put pretax money. basically it hundreds you pay for...
32
32
tv
eye 32
favorite 0
quote 0
kona welcome to a business see a large loop oil has been discovered in greece's tax system embezzled money amounts to twenty eight billion euros per year that's equal to fifteen percent of the troubled economies g.d.p. now the international monetary fund is blaming businessmen government officials and even actors for neglecting to pay what they owe the country but apparently the fund believes it is impossible to return all of that money and suggests a write down fifty percent of it now while also adopting a law to automate the system deducting the from the embezzlers a bank account. of what's happening on the markets which we actually managed to show a bit earlier in the program or two steps forward one step back for russia is the ruble it has lost around three quarters of monday's gains versus both the dollar and the euro now on the russian stock markets it seems indeed not a creature was stirring not even a mouse as i said before russia traditionally celebrates christmas on the seventh of january so tuesday was a working day because it was pretty much the only market trading very l
kona welcome to a business see a large loop oil has been discovered in greece's tax system embezzled money amounts to twenty eight billion euros per year that's equal to fifteen percent of the troubled economies g.d.p. now the international monetary fund is blaming businessmen government officials and even actors for neglecting to pay what they owe the country but apparently the fund believes it is impossible to return all of that money and suggests a write down fifty percent of it now while...
436
436
Dec 25, 2012
12/12
by
CNNW
tv
eye 436
favorite 0
quote 1
>> back in '69 they came out with something called "minimum tax." and in '82, the alternative minimum tax and this was a way to make sure the ch wealthy pay their fair share. this is how to level the playing field a little bit. this simply says now it's around $74,500. if -- it will go down to about $45,000 if the fiscal cliff goes off and nothing is done to adjust it. individuals now getting $45,000 back in '82 when first enarngted which is a lot different than $45,000 today. so if individuals earning $45,000 today might be impacted by additional taxes by this amt if something's not done. and, again, this is just a way to try to -- the problem with the amt is it wasn't adjusted for inflation so as time went on and prices have gone up and people have made more money and inflation has gone into place, things have not adjusted for the what the amt is now currently so this is going to be a big piece and those in the finance world are looking at making sure that this thing doesn't come into play. come 2014, people will have a big surprise if they file t
>> back in '69 they came out with something called "minimum tax." and in '82, the alternative minimum tax and this was a way to make sure the ch wealthy pay their fair share. this is how to level the playing field a little bit. this simply says now it's around $74,500. if -- it will go down to about $45,000 if the fiscal cliff goes off and nothing is done to adjust it. individuals now getting $45,000 back in '82 when first enarngted which is a lot different than $45,000 today....
23
23
tv
eye 23
favorite 0
quote 0
our super rich followed deputy you and left france we really need their seventy five percent income taxes if we are to stay with the likes of angola and i'll find ourselves in the same trouble as demetrius thank you francois hollande. oh right well this one comes from a little boy who has been on the naughty list in the past but he insists he's going to be good in the future sounds here's the thing i want to be prime minister again i know there were some problems last time however now i'm ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're in minority list. peter all of a bird. has been tracing europeans in steady battles all here will remind you of what we witnessed later on this hour. festive spirit takes on a whole new meaning for britain's police and hospital staff as christmas revellers down a few too many drinks for some it means spending the holidays in a cell or even a ward r.t. serve out am
our super rich followed deputy you and left france we really need their seventy five percent income taxes if we are to stay with the likes of angola and i'll find ourselves in the same trouble as demetrius thank you francois hollande. oh right well this one comes from a little boy who has been on the naughty list in the past but he insists he's going to be good in the future sounds here's the thing i want to be prime minister again i know there were some problems last time however now i'm ready...
198
198
Dec 25, 2012
12/12
by
KPIX
tv
eye 198
favorite 0
quote 0
only a week left to avoid tax hikes and spending cuts that will impact almost every american. now it appears democratic senate leader harry reid may take the lead in crafting a compromise to avoid tax hikes on at least the middle class which was the president's parting plea. meanwhile here in california leaders are concerned about what could happen if the tax hikes and budget cuts kick in. >> this would undo a lot of the good of the extra taxes californians are willing to invest in the schools. particularly special needs students would be cut by 10% and the meals program that so many of the californias are growing up in poverty and they need that meal. >> some county and city officials are concerned about the potential impact on health and welfare programs. >>> the dreaded fiscal cliff can potentially affect a wide range of health programs. >> cbs news' wyatt andrews explains. >> reporter: professor mallen like hundreds of medical researchers has already fallen off the fiscal cliff. her budget which relies on federal grants is being cut by 10% now. as the nih, the national ins
only a week left to avoid tax hikes and spending cuts that will impact almost every american. now it appears democratic senate leader harry reid may take the lead in crafting a compromise to avoid tax hikes on at least the middle class which was the president's parting plea. meanwhile here in california leaders are concerned about what could happen if the tax hikes and budget cuts kick in. >> this would undo a lot of the good of the extra taxes californians are willing to invest in the...
33
33
tv
eye 33
favorite 0
quote 0
was kind of a kicking off of the progressive era in many ways and a lot of legislation in changes in tax policy absolutely so it came at this moment you know when people and i find the parallels with today absolutely striking that on the one hand everyone could see that industrialized nation was tremendously positive that machines were able to get a clings that it had taken hundreds of human beings to do before and you know all of a sudden the economy was. really getting going but at the same time as the long depression really showed people there was a lot of social and economic dislocation and to simply let the forces the capital ism sort of by themselves run things was not going to be sufficient and so really in the late mid to late nineteenth century americans and then there was a similar moment in europe people said wait a minute we like industrialisation we like miss chains we like modern industrial capitalism but we're going to have to make a very big social and political accommodation we are going to have to regulate we're going to have to rein things in we're going to have to emp
was kind of a kicking off of the progressive era in many ways and a lot of legislation in changes in tax policy absolutely so it came at this moment you know when people and i find the parallels with today absolutely striking that on the one hand everyone could see that industrialized nation was tremendously positive that machines were able to get a clings that it had taken hundreds of human beings to do before and you know all of a sudden the economy was. really getting going but at the same...